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Friday Morning Markets: FTSE 100 Edges Up as Vodafone Rally Rolls On; Burberry Slips

The FTSE 100 has risen 0.3% in early Friday trading, though sentiment is weaker elsewhere with the

Sam Boughedda
Wise Shares Slip Despite Strong Q1 Growth as Investors Eye Margin Pressure

Shares in Wise Group plc (LSE: WISE; Nasdaq: WSE) fell around 2.5% on Friday morning, even as the money-transfer specialist posted double-digit growth across its key metrics for the first quarter of its 2027 financial year.

Wise logo
Asktraders News Team
Burberry Shares Slide Despite Return to Growth Across All Divisions

Burberry Group (LON: BRBY) shares have fallen more than 5% in early trading on Friday after the luxury fashion house's first-quarter update, even though the report showed the British brand returning to growth across all four

Burberry store
Asktraders News Team
Shore Capital Sees M&S Shares Potentially Doubling as Investment Thesis Progresses

Shore Capital said it sees a path for Marks & Spencer's (LON: MKS) share price to double over the medium-to-longer term, following a meeting with Chair Archie Norman. [sto

marks and spencer
Sam Boughedda
TD Cowen Trims BP Price Target Amid Mixed Trading Update

TD Cowen lowered its price target on BP. (LON: BP.) (NYSE: BP) in a research note issued Thursday, as analysts weighed the oil major's volatile mix of stronger refining margins against fresh impairment charges and softer prod

BP LOGO
Asktraders News Team
Rolls-Royce Shares in Focus as Company Joins Boeing, Lufthansa in Fuel-Efficiency Flight Tests

Rolls-Royce (LON: RR.) is teaming up with Boeing and Lufthansa to flight-test new technologies aimed at cutting fuel consumption and reducing aircraft noise, in a collaboration that also supports the FAA's CLEEN programme.

Rolls Royce engine
Asktraders News Team
Trustpilot Shares Slide 10% As Steady Guidance Overshadows First-Half Beat

Trustpilot shares fell sharply on Thursday after the review platform beat first-half forecasts but left its full-year guidance unchanged. Trustpilot Group's (LSE:TRST) shares dropped around 10% on Thursday after the online reviews platform posted st

Trustpilot logo
Asktraders News Team
Frasers Group Shares Fall 5% After Adjusted Profit Slips and Guidance Is Withheld

Sports Direct owner posts higher revenue but lower adjusted profit, and withholds 2027 guidance, citing its live takeover bids for Hugo Boss and Accent Group. Frasers Group (LSE:FRAS) shares fell sharply on Thursday after the retailer repor

Frasers Store
Asktraders News Team
Thursday Morning Markets: FTSE Edges Lower as Rotork Rockets on ABB Takeover; Ocado Slumps

London's FTSE 100 is down around 0.4% in early trading on Thursday, though the FTSE 250 edged up 0.1%.  Meanwhile, on the continent, Germany's DAX and France's CAC 40

Sam Boughedda
Gooch & Housego Shares Soar After £345.6m Private Equity Takeover

Shares in Gooch & Housego (LON: GHH) jumped sharply on Thursday after the AIM-listed photonics specialist agreed to a recommended cash takeover by Greenlight Bidco, a vehicle backed by US private equity firm Arlington Cap

UK short
Asktraders News Team
Ocado Shares Slump Despite Headline Growth as Underlying Weakness Exposed

Shares in Ocado Group (LON: OCDO) plunged as much as 16% on Thursday, falling from a previous close of 177.7p to around 149p, wiping out hundreds of millions of pounds in market value, after the warehouse robotics group's hal

Ocado shares
Asktraders News Team
Rotork Shares Rocket After ABB Agrees £4.1 Billion Cash Takeover

ABB has agreed a recommended £4.1 billion cash acquisition of Rotork Plc sending the FTSE 250 flow-control specialist's shares sharply higher on Thursday. Shares in Rotork (LSE:ROR) were trading at 484.4p on Thursday morning, up 66.6% from Wednesday

Rotork logo
Asktraders News Team
Cohort Shares: Analyst Says Company Positioned For ‘Accelerated Growth’

Zeus Capital raised its price target on Cohort plc (LON: CHRT) to 1,600p from 1,500p and reiterated a Buy rating on the stock in a note after the defence technology group reported record financial performance for fiscal year

Sam Boughedda
BofA Upgrades Imperial Brands to Buy, Says Market Overreacted to Australia Slump

Bank of America upgraded Imperial Brands (LON: IMB) to "Buy" from "Neutral" on Wednesday, arguing that investors have overreacted to a sharp downturn in the tobacco group's Australian operations. The bank maintained its price

Imperial brands logo
Asktraders News Team
Vistry Climb Surge 6.5% as CEO’s Share Purchase Signals Confidence

Shares in Vistry Group (LON: VTY) rallied sharply on Wednesday, closing up around 6.5% at 274p, having touched an intraday high of 277p, in a move that bucked the broader market trend.

Asktraders News Team
ICG Shares Rise as Fee-Earning Assets Grow and Flagship Fund Nears €12bn Close

ICG shares climbed on Wednesday after fee-earning assets rose 10% year-on-year and its flagship European fund neared a €12bn close. ICG Plc (LSE:ICG) shares are rising on Wednesday after the London-listed alternative asset manager reported a 10% yea

Handshake of businessmen
Asktraders News Team
Hunting PLC Shares Rise After First-Half Trading Update Confirms 2026 Guidance

Hunting PLC shares climbed about 5% on Wednesday after a first-half trading update kept 2026 earnings guidance unchanged despite Middle East volatility. Hunting PLC (LSE:HTG) shares are trading higher on Wednesday after the oilfield equipment and se

Oil & Gas
Asktraders News Team
Galliford Try Shares Jump After Profit Hits Top of Forecasts in Sixth Straight Year of Growth

UK builder's full-year profit beat market forecasts, sending shares up more than 6% on Wednesday as cash and order book both climbed. Galliford Try Holdings Plc (LSE:GFRD) said on Wednesday that profit for the year to 30 June would land at the top e

Galliford Try employee
Asktraders News Team
Wednesday Morning Markets: FTSE Lower, Oil Extends Gains as US-Iran Strikes Continue; ICG Rises

London stocks have edged lower on Wednesday morning, with the FTSE 100 down 0.3% and the FTSE 250 off 0.1%. Elsewhere in Europe, Germany's DAX fell 0.8%, while France's CAC 40 and the Euro Stoxx 50 both slipped 0.1%.

Sam Boughedda
B&M Shares Slide Despite UK Recovery Signs as Investors Focus on Like-for-Like Sales Decline

B&M European Value Retail (LON: BME) shares are down more than 4% on Wednesday morning after the discount retailer published its first-quarter trading update for the 13 weeks to 27 June 2026, with investors seemingly unse

B&M European Value Retail store
Asktraders News Team
Barratt Redrow Shares Gain on Solid FY26 Results and £400m Buyback Pledge

Shares in Barratt Redrow (LON: BTRW) rose on Wednesday morning after the housebuilder posted a trading update for the year to 28 June 2026 that beat market expectations and unveiled a significantly expanded shareholder return

Barratt Homes
Asktraders News Team
Ashmore Group Shares in Focus as Q4 AuM Beats on Stronger-Than-Expected Inflows

Ashmore Group (LON: ASHM) is under the spotlight on Tuesday after the specialist emerging markets asset manager reported fourth-quarter assets under management (AuM) that topped market expectations on the flows side, even as

Ashmore logo
Asktraders News Team
Rolls-Royce Shares in Focus as Group Joins Quantum Computing Push for Engine Design

Rolls-Royce (LON: RR.) shares dipped on Tuesday despite the FTSE 100 aerospace and defence giant confirming a new agreement with quantum computing firm Quantinuum, error-correction specialist Riverlane, and the University of

Rolls Royce logo
Asktraders News Team
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